Economist urges firms to act as CBI slashes growth forecasts and labour gaps persist - London Business News | Londonlovesbusiness.com
Briefly

Recent downgrades in GDP growth forecasts by the CBI signal a troubling shift in the UK business landscape, indicating deep structural changes rather than a simple cyclical slowdown. With UK growth projected at 1.2% in 2025 and 1.0% in 2026, companies are advised to rethink and refocus their strategies, especially in light of ongoing trade tensions with the US and rising inflation pressures. Businesses are increasingly diversifying operations and adjusting currency strategies to mitigate risks, and they are planning liquidity and refinancing to navigate a high-cost debt environment effectively.
Slower UK growth prospects translate into lower investor confidence and strategic repositioning across global operations message is clear: rethink, refocus, and build for resilience.
Inflation risks have re-emerged after CPI data jumped to 3.4% year-on-year in both April and May - more than a percentage point above the Bank of England's 2.0% target.
Read at London Business News | Londonlovesbusiness.com
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